New York state foreclosures fall sharply

The number of foreclosure notices received in April by New York households was down by 21 percent from last year, according to RealtyTrac, a California firm that monitors foreclosure activity.

A total of 4,390 households received foreclosure notices during the month, meaning New York ranked 42nd overall for its foreclosure rate. Also, the state’s drop was much greater than the two percent decline recorded nationally.

One of every 1,817 New York households received a foreclosure filing, which include default notices, scheduled auctions and bank repossessions.

Nevada, as usual, had the highest rate, while Vermont, as usual, had the lowest. Here’s a full chart of the RealtyTrac data: